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Cayden Resources (FRA:2YC) Total Current Liabilities : €1.61 Mil (As of Jun. 2014)


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What is Cayden Resources Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Cayden Resources's total current liabilities for the quarter that ended in Jun. 2014 was €1.61


Cayden Resources Total Current Liabilities Historical Data

The historical data trend for Cayden Resources's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cayden Resources Total Current Liabilities Chart

Cayden Resources Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Dec13
Total Current Liabilities
0.03 0.07 6.94 0.65 1.60

Cayden Resources Quarterly Data
Sep09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.15 1.98 1.60 1.58 1.61

Cayden Resources Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Cayden Resources's Total Current Liabilities for the fiscal year that ended in Dec. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.318+0
+Other Current Liabilities+Current Deferred Liabilities
=0.279+0
=1.60

Cayden Resources's Total Current Liabilities for the quarter that ended in Jun. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.997+0
+Other Current Liabilities+Current Deferred Liabilities
=0.613+0
=1.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Cayden Resources Total Current Liabilities Related Terms

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Cayden Resources (FRA:2YC) Business Description

Traded in Other Exchanges
N/A
Address
Cayden Resources, Inc., was incorporated on September 10, 2008, under the laws of the Province of British Columbia, Canada, under the name Vistech Capital Corp. Subsequently on September 24, 2010, Vistech changed its name to Cayden Resources Inc. The Company's business activities include the acquisition, exploration and development of resource properties in the America.

Cayden Resources (FRA:2YC) Headlines

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